BitPlus Capital Review: The World’s Leading Blockchain Trading System or SCAM?

BitPlus Capital - logo

BitPlus Capital refers to itself as the world’s leading Blockchain Trading System. The project claims to teach you how to successfully invest in digital assets. However, let’s not jump to conclusions, as we are well aware that over 95% of cryptocurrency startups turn out to be scams. So, let’s find out which category this company falls into. We will provide the results in our review.

BitPlus Capital General Information

Phone Number +44 2070977467
Address World Trade Center, 6 Bayside Road, Gibraltar GX11 1AA, Gibraltar
Minimum Deposit £10,000
Assets CFDs on crypto
Trading Platform WebTrader

Registration and Client Portal Review

The official BitPlus Capital website, to be honest, seemed a bit overloaded. Even the welcoming animation with quotes somehow strains the eyes. Overall, there are many different blocks and sections here, whose value is quite questionable. In fact, they just take up space and overload the visual experience. On a positive note, it’s worth mentioning that the company provides quite a bit of information about itself. The contact section is well-detailed. However, one puzzling fact is unclear. If the broker is represented in so many countries worldwide, why is its website only available in English? Additionally, there are purported client reviews, but we have suspicions that they are fake, as all the photos appear to be generated by neural networks.

BitPlus Capital - website

BitPlus Capital offers a fairly straightforward registration process. You’ll need to enter standard details, including your full name, contact information, and, of course, come up with a password. Approach this carefully, because only the password will be your defense. The company doesn’t send any confirmation codes to your email or phone number. Now, why is this a bad practice? With 2FA, even if someone manages to obtain your password, they would still need a second form of verification (like a code from your phone) to access your account. This significantly enhances security by making it harder for unauthorized individuals to gain control. Without 2FA, security relies solely on the strength of your password.


Once you enter the client portal, you are inexplicably redirected straight to the deposit page, as if it’s a subtle suggestion. However, the functionality of the client portal leaves much to be desired. It appears to be rather limited, offering only the most essential functions and trading platform.

BitPlus Capital Trading Conditions

Certainly, the company talks a lot about its trading conditions. As we recall, it even refers to itself as a leader in the industry. Well, let’s take a closer look at what they actually offer to traders.

Account Types Review

BitPlus Capital offers five different account types. Let’s take a closer look at each of them.

  1. The Green account provides a fully managed account along with monthly crypto signals and a personal expert broker. However, to fund this account, you’ll need a hefty deposit of £10,000.
  2. Moving on, the Silver account requires a deposit of £50,000. Along with the managed account, users can benefit from weekly crypto signals, a 1.25% refund, investment insurance, and staking rewards.
  3. For the Gold account, a substantial deposit of £100,000 is necessary. This account offers access to the DAV Project, arbitrage trading, Bitcoin pension plan, participation in international events, and Ethereum bundles.
  4. The VIP account, as expected, demands a significantly higher deposit of £250,000. In return, clients get access to Bitcoin bundles.
  5. Lastly, there’s the Million account. It not only requires a considerable deposit but also grants access to VIP transactions.

It’s worth noting that the lack of detailed information on trading fees, leverage, and other essential aspects raises concerns about transparency.

Furthermore, the high deposit requirements for each account and the somewhat questionable additional services may lead traders to question the value offered by BitPlus Capital.

Trading Platform

A trading platform has several notable drawbacks that may concern potential traders. The terminal provides a limited set of tools for technical analysis and charting. Also, users have reported issues with the platform’s reliability and performance. Instances of lags, glitches, and system crashes have been noted.

Trading Platform

The charting options on the platform are subpar, offering only basic features. BitPlus Capital’s terminal lacks advanced customization options, making it less appealing to those who prefer a personalized trading environment.

The absence of support for algorithmic or automated trading strategies is a significant drawback. At last, the user interface of the platform is not intuitive, making navigation challenging for both beginners and experienced traders. A poorly designed interface can contribute to a less-than-optimal user experience.

Deposit and Withdrawal of Funds

BitPlus Capital offers multiple funding options for its accounts, including PayPal, bank cards, various payment systems, and, of course, cryptocurrencies. However, any withdrawal of funds requires accompanying identity verification documents and a deposit confirmation form. The insistence on “any” withdrawal requiring documentation raises questions about the necessity and transparency of such stringent measures.

Moreover, the processing time for withdrawal requests from BitPlus Capital can take up to three business days. After approval, funds are expected to be credited to the account within five to seven business days, with full availability within 21 business days. This extended timeframe for accessing funds is impractical and inconvenient for traders.

Additionally, it’s noteworthy that withdrawal commissions must be paid separately to the broker, especially for cryptocurrency withdrawals, as they cannot be deducted directly.


As we understand, verification at BitPlus Capital is not only necessary but also required for every withdrawal. Traders are required to submit identity verification documents, including a government-issued ID (passport, driver’s license) and proof of residence (utility bills, bank statements).

Also, managers may conduct additional checks to verify the trader’s residential address, ensuring it matches the provided documents. Once all documents are submitted and reviewed, managers approve the trader’s account and grants access to trading features and withdrawal requests.

Additional Options

The additional conditions at BitPlus Capital have left us puzzled. For instance, we mentioned that the broker offers services like Bitcoin and Ethereum bundles. However, there’s a significant concern — what exactly is a bundle? Bundles allow users to buy multiple crypto assets in one transaction, forming a group of assets to create a diversified portfolio. It seems questionable to create a diversified portfolio by purchasing only Bitcoin bundles.

Similarly, services like crypto signals and other analytical features raise doubts. The platform doesn’t disclose the names of any analysts providing these forecasts. Should users trust these predictions?

Additionally, regarding account insurance, it’s evident that the project doesn’t offer the opportunity to buy actual cryptocurrencies. Instead, it operates as a crypto broker offering Contracts for Difference on digital assets. This significantly amplifies the risks involved, as trading CFDs on crypto involves increased leverage and potential losses.

Is BitPlus Capital a Scam?

Finally, all that remains is to verify the most crucial part of this story — the legitimacy of the broker. Where will our investigation lead us?

Well, the company claims to be registered in Gibraltar and even authorized by the Financial Commission for its services. That means they should have a license, right? Well, luckily, the registry of regulated companies in Gibraltar is open. So, we conducted a search by number and even by name and found no matches. Then, we decided to perform a partial search, for example, using the word “Capital.” Here are the firms with this word in their name that have a license. As you can see, our BitPlus Capital is nowhere near that. Therefore, we can conclude that the company is clearly operating without a license and providing its services illegally.

Legal data check Domain Info

BitPlus Capital provides scant information about its operational history. However, we can easily verify this by tracking the launch date of its domain. According to official WHOIS data, the website was only launched in the summer of 2023. This indicates a relatively short period of operation. A brief operational history is a cause for concern as it may suggest a lack of experience, stability, and a track record in the industry.

Domain info

This article has been updated. As you can see, the domain should have been renewed too, but instead the project moved to a new address Why? Regulators put the previous domain on the scam list. Beware of their fresh site!

BitPlus Capital Review: The World's Leading Blockchain Trading System or SCAM?

Contacts Review

BitPlus Capital provides comprehensive contact information, including phone numbers, emails, and office addresses. However, it’s crucial to note that all this information appears to be fabricated. Even when checking on maps, the company’s listed addresses do not exist. This also raises serious concerns about its transparency and legitimacy.

More Details

As mentioned earlier, this project offers Contracts for Difference (CFDs) on cryptocurrencies. It’s essential to understand that CFDs differ from actual digital currencies. When trading CFDs, users don’t own the underlying assets. Instead, they only speculate on the price movements of the assets.

Furthermore, trading CFDs involves a potential conflict of interest between the broker and the trader. Since the broker profits from the trader’s losses, there may be situations where their interests are misaligned.

Pros and Cons

  • Diverse funding options.
  • Lack of regulation.
  • Limited transparency.
  • Questionable additional services.
  • Absence of 2FA.
  • Unverified track record.

BitPlus Capital Summary

BitPlus Capital - favi

BitPlus Capital's assertions of being a secure broker are unfounded. The company lacks any valid licenses, leaving your funds unprotected. Traders should exercise caution and consider more regulated alternatives to ensure the safety of their investments.

Website information content 4
Client Portal 3
Trading conditions 4
Trading platform 4
Deposit and withdrawal 4
Verification 3
Extra options 2
Licenses and guarantees 2
Work duration 1
Feedback 4

Frequently Asked Questions (FAQ)

What Does BitPlus Capital Offer?

It offers CFDs on cryptocurrencies. Additionally, the broker provides different account types with varying features, including managed accounts, crypto signals, and expert broker assistance.

How Much Money Should I Invest With BitPlus Capital?

According to trading conditions, it suggests a minimum deposit of £10,000. This amount may be considered significantly high, and potential investors should carefully evaluate their financial situation.

Is BitPlus Capital Safe?

No, Based on our investigation, it appears to be an unlicensed broker.

Subhash Mishra
Forex & CFD Trader

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

Subhash is a Bengali who has been trading for 16 years. You will find the most objective reviews of Forex and CFD brokers in his articles.

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Client Reviews

  1. Moto

    I don't know what to do

    I received a call from BitPlus, and now I’m in a dilemma. Should I even consider dealing with them? The call seemed promising at first. However, my gut feeling tells me to be cautious. Now, I’m unsure if it’s a wise decision to proceed. I would appreciate any advice or insights from those who have experience with BitPlus Capital.

  2. Calvin Celsius

    Withdrawals don't work. Fantastic.

    Withdrawals simply don’t work. Has anyone else fallen for it like I did? I sent $5,000 to these scammers, thinking I would be trading on a decent and secure platform, but something went wrong. And it went wrong precisely with this scam. The company turned out to be illegal, and all their safety info, the Gibraltar address, and everything else – it’s all fake. And I fell for it, losing $5,000. What’s the takeaway here? Firstly, don’t deposit funds prematurely; study everything first. Secondly, scrutinize the company you plan to engage with. If I had researched the broker, I would have realized it’s an outright scam, not a trustworthy intermediary. So, I’d like to warn everyone, don’t invest here because, like me, you’ll lose all your funds. No licenses, no registrations here. I can’t withdraw money – the most significant argument against Bitplus Capital.

  3. sally miles


    hi I have been a recent victim of BITPLUSCAPITAL.COM scam. They will try anything to get you too invest and let you withdraw a small amount to begin with , very easily. Profits will escalate to Hundreds of thousands then when you want to withdraw money they will try and get you to take out loans or whatever it takes to pay “Brokerage fees” into an escrow account. “holding account” this is all lies, they are very personable, clever, pretend to be interested in you. ITS ALL A SCAM ! they ruin lives